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Monster Beverage (BSP:M1NS34) 6-Month Price Index : 1.04 (As of Jun. 06, 2024)


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What is Monster Beverage 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-06-06), Monster Beverage's 6-Month Price Index is 1.04.

Competitive Comparison of Monster Beverage's 6-Month Price Index

For the Beverages - Non-Alcoholic subindustry, Monster Beverage's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Monster Beverage  (BSP:M1NS34) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Monster Beverage  (BSP:M1NS34) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Monster Beverage 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Monster Beverage's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Monster Beverage (BSP:M1NS34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Monster Beverage Corp (BSP:M1NS34) » Definitions » 6-Month Price Index
Comparable Companies
KDP CELH COCSF COKE FIZZ COCO SHOT ZVIA JSDA BRFH KO PEP HKSE:09633 LSE:CCEP NSE:VBL AC LSE:CCH IST:CCOLA TSE:2267 SHSE:603156
Traded in Other Exchanges
MNST:USA MNST:Mexico MOB:Germany MNST:Austria
Address
1 Monster Way, Corona, CA, USA, 92879
Website
https://www.monsterbevcorp.com
Monster Beverage is a leader in the energy drink subsegment of the nonalcoholic beverage market, generating two thirds of revenue in the U.S. and Canada. The well-known Monster trademark includes brands such as Monster Energy, Monster Ultra, Java Monster, and Juice Monster. The firm also owns other energy drink brands, such as Reign, NOS, Burn, and Mother, and brews and distributes beers and flavored malt beverages following the acquisition of a craft brewer in 2022. Monster controls branding and innovation but outsources beverage manufacturing and packaging to copackers and finished goods distribution to bottlers in the global Coca-Cola system (pursuant to a 20-year agreement inked in 2015). Coke is the largest shareholder of Monster with a 19.5% stake.

Monster Beverage (BSP:M1NS34) Headlines

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